362 Foxtrot Ln · Potosi, TX 79602

$319,900

4 bd · 2.0 ba · 1,650 sqft · SingleFamily public records · 8 Days on market

Built 2018 0.67 ac lot Est $320k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.3/30.0
• ARV discount +7.5/15.0
• Schools +5.6/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• 1% rule +4.6/10.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Awesome New Construction by CM Custom Homes. This will be the best home Potosi Prairie has seen. 4 bed 2 bath over half acre lot, in Wylie ISD, and outside city limits! Completion date estimated around Oct 15th, Make this one yours today. Beautiful Granite, Luxury Vinyl Plank Floors, Subway tile in kitchen with hexagon details, fireplace with shiplap above mantle, wood mantle will match wood on box ceiling in living, mud room, 2 car garage, large patio, Serene Mountain view from front porch. Buyer to verify all measurements and sq ft as numbers are rounded and approximate.

Key facts

• Craftsman-style home
• No hoa
• 0.67 acre lot

Tags

• CRAFTSMAN-STYLE HOME
• DEDICATED LAUNDRY ROOM
• NO HOA
• WYLIE SCHOOL DISTRICT
• 23-MINUTE DRIVE TO DYESS AFB
• 21 MINUTES TO DOWNTOWN ABILENE

Property features AI

Finance

• Other: No municipal utility district
• Financial info: Acceptable financing: Cash, Conventional, FHA, VA
• HOA & community: No association

Exterior

• Parking: Attached 2-car garage (approx. 22' wide x 21' long, 9' height); 2 covered parking spaces; Gravel/unpaved parking; garage faces side
• Security:
• Utilities: Co-op water; Septic; Electricity available and connected; Community mailbox
• Home design: Single-family residence; One-story; Residential property
• Construction: Built in 2018; Brick and siding exterior; Composition roof; Slab foundation
• Exterior features: Deck

Interior

• Kitchen: Granite countertops; Built-in cabinets; Pantry; Breakfast bar; Electric oven; Microwave
• Bedrooms: Primary bedroom on main level with garden tub, separate shower, and walk-in closet; Three additional bedrooms on main level (two with walk-in closets noted)
• Flooring: Carpet; Luxury vinyl plank
• Bathrooms: Two full bathrooms; Bathroom features include built-in cabinets and granite countertops
• Heating & cooling: Central heating (electric); Central air (electric); Ceiling fans
• Interior features: Open floorplan; Decorative lighting; Granite counters; Cable TV available; Electric fireplace
• Laundry & utility: Full-size washer/dryer area; Utility room with built-in cabinets; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $320k.

Deal economics

• At list price, monthly cash flow is $109 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $308k (3.8% below list).
• Recommended offer: $308k (3.8% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 4.7% in Potosi — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 69/100 on livability (#398 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: health & safety D+, amenities F, commute F.
• Wylie ISD (rural): math 63% / reading 62% proficiency, ranked #32 of 826 in TX (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 17% free/reduced lunch — higher-income household profile.
• Zoned schools: Wylie East El (math 58% / reading 58%, grade C+, #480 of 4,322 statewide, top 11%, 789 students, 30% FRL); Wylie West J H (math 62% / reading 58%, grade B, #158 of 1,662 statewide, top 10%, 972 students, 24% FRL); Wylie H S (math 60% / reading 76%, grade B, #150 of 1,632 statewide, top 10%, 1,467 students, 18% FRL).
• Market conditions: Rents rising fast (+33.5%/yr); 374 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 508 units permitted in Taylor County in 2024 (0 in 5+ unit buildings).
• This rent runs 41% of the median local income ($90k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Taylor County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $307,868 (3.8% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 6.95%
• Cash-on-cash: 2.35%
• DSCR: 1.10
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $320,100
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
362 Foxtrot Ln	0.00mi	4/2.0	1,650 (0%)	1mo	$319,900	$194	100
357 Hog Eye Rd	0.27mi	4/2.0	1,668 (+1%)	1mo	$357,700	$214	84
1804 FM 1750	0.12mi	3/2.0 (-1)	1,568 (-5%)	3mo	$324,999	$207	78
344 Hog Eye Rd	0.19mi	3/2.0 (-1)	1,649 (-0%)	13mo	$299,999	$182	75
235 Hog Eye Rd	0.38mi	4/2.0	1,627 (-1%)	7mo	$315,000	$194	74
249 Hog Eye Rd	0.39mi	4/2.0	1,646 (-0%)	10mo	$315,000	$191	73
347 Foxtrot Ln	0.15mi	3/2.0 (-1)	1,499 (-9%)	1mo	$310,000	$207	72
264 Hog Eye Rd	0.28mi	3/2.0 (-1)	1,606 (-3%)	9mo	$310,000	$193	70
233 Foxtrot Ln	0.32mi	3/2.0 (-1)	1,576 (-4%)	9mo	$298,900	$190	65
330 Hondo Rd	0.37mi	3/2.0 (-1)	1,560 (-6%)	10mo	$299,900	$192	60
1625 Old Key Ln	0.64mi	4/2.0	1,612 (-2%)	11mo	$435,999	$270	58
218 Hog Eye Rd	0.39mi	3/2.0 (-1)	1,498 (-9%)	12mo	$282,900	$189	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -8.2%
• Equity multiple: 0.68×
• Total profit: $-28,506
• Equity at exit: $47,698

10-year hold

• IRR: 7.1%
• Equity multiple: 1.65×
• Total profit: $58,644
• Equity at exit: $27,659

Cash invested: $89,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79602

• Home prices YoY: -19.6%
• Rents YoY: 33.5%
• Active inventory: 374
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $3,079 medium
• Mortgage (P&I): −$1,678
• Tax from tax record: −$446 /mo · $5,349/yr
• Insurance: −$133
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$647
• Net cashflow: $109

Break-even live

Break-even rent $2,941

Max offer price $319,900

Occupancy floor 91%

Sensitivity live

Price	-10% $290	-5% $200	+0% $109	+5% $19	+10% $-72
Rent	-10% $-134	-5% $-13	+0% $109	+5% $231	+10% $352
Rate	-1.0pp $270	-0.5pp $190	base $109	+0.5pp $26	+1.0pp $-58

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $79,975
• Closing costs: $9,597
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
246 Foxtrot Ln Abilene, TX	4.0	2.0	1891	$2,850	$1.51	8d	1	0.27mi
914 Key Ln Abilene, TX	4.0	2.0	1532	$3,000	$1.96	45d	1	1.17mi

Listing history 10 events

1. 2026-05-13
   status Pending
2. 2026-05-05
   historical Active Option Contract
3. 2026-05-03
   listed $319,900 Active
4. 2018-11-20
   soldstatus
5. 2018-11-19
   soldstatus Sold 581-char remark

   Show marketing remark (581 chars)

   Awesome New Construction by CM Custom Homes. This will be the best home Potosi Prairie has seen. 4 bed 2 bath over half acre lot, in Wylie ISD, and outside city limits! Completion date estimated around Oct 15th, Make this one yours today. Beautiful Granite, Luxury Vinyl Plank Floors, Subway tile in kitchen with hexagon details, fireplace with shiplap above mantle, wood mantle will match wood on box ceiling in living, mud room, 2 car garage, large patio, Serene Mountain view from front porch. Buyer to verify all measurements and sq ft as numbers are rounded and approximate.

6. 2018-10-18
   status Pending 581-char remark

   Show marketing remark (581 chars)

   Awesome New Construction by CM Custom Homes. This will be the best home Potosi Prairie has seen. 4 bed 2 bath over half acre lot, in Wylie ISD, and outside city limits! Completion date estimated around Oct 15th, Make this one yours today. Beautiful Granite, Luxury Vinyl Plank Floors, Subway tile in kitchen with hexagon details, fireplace with shiplap above mantle, wood mantle will match wood on box ceiling in living, mud room, 2 car garage, large patio, Serene Mountain view from front porch. Buyer to verify all measurements and sq ft as numbers are rounded and approximate.

7. 2018-10-07
   historical Active Option Contract 581-char remark

   Show marketing remark (581 chars)

   Awesome New Construction by CM Custom Homes. This will be the best home Potosi Prairie has seen. 4 bed 2 bath over half acre lot, in Wylie ISD, and outside city limits! Completion date estimated around Oct 15th, Make this one yours today. Beautiful Granite, Luxury Vinyl Plank Floors, Subway tile in kitchen with hexagon details, fireplace with shiplap above mantle, wood mantle will match wood on box ceiling in living, mud room, 2 car garage, large patio, Serene Mountain view from front porch. Buyer to verify all measurements and sq ft as numbers are rounded and approximate.

8. 2018-09-15
   listed $205,000 Active 581-char remark

   Show marketing remark (581 chars)

   Awesome New Construction by CM Custom Homes. This will be the best home Potosi Prairie has seen. 4 bed 2 bath over half acre lot, in Wylie ISD, and outside city limits! Completion date estimated around Oct 15th, Make this one yours today. Beautiful Granite, Luxury Vinyl Plank Floors, Subway tile in kitchen with hexagon details, fireplace with shiplap above mantle, wood mantle will match wood on box ceiling in living, mud room, 2 car garage, large patio, Serene Mountain view from front porch. Buyer to verify all measurements and sq ft as numbers are rounded and approximate.

9. 2018-07-26
   soldstatus
10. 2018-02-20
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $5,349 · $446/mo
• Projected year-2 tax: $5,854 · $488/mo
• Expected delta: +$505/yr (+$42/mo · 9.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 95% chance over 30 yrs
• 🔥 Wildfire 9/10 Extreme
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,944
• − Mortgage interest: −$17,919
• − Property taxes: −$5,349
• − Insurance: −$2,397
• − Repairs & maintenance: −$2,956
• − Management: −$2,956
• − Depreciation: −$9,306
• Taxable loss: −$3,938
• Est. tax savings @ 24.0%: +$945
• After-tax cash flow: $2,254/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Wylie ISD
• NCES district ID: 4846500
• Math proficiency: 63% ▼ -12.00%
• Reading proficiency: 62% ▼ -4.00%
• Median HH income: $78,248
• Composite: 55.86/100
• National rank: #1206
• State rank: #32 of 826 in TX

Livability — Potosi

• Score: 69/100
• State rank: #398
• US rank: #8264

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Potosi, TX
• County: Taylor County · 136,672 people
• City population: 26,588
• Metro: Abilene, TX
• Population (ZIP): 27,425
• Household income: $89,551
• Rent vs Own: 24.3% rent · 75.7% own
• Severe rent burden: 338.0

Population outlook (Taylor County) Hauer SSP2

• Today (2025): 145,270 people
• By 2030: 150,050 · +3.3%
• By 2040: 159,417 · +9.7%
• By 2050: 168,883 · +16.3%
• By 2075: 194,436 · +33.8%
• By 2100: 203,163 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 22% Two or more races 12% Black 10% Asian 2%
• Hispanic origin (detail): Mexican 19%
• Common ancestry: Romanian 2% Italian 2% Portuguese 2%
• Foreign-born: 6% · Canada, Vietnam, Jamaica
• Languages at home: 87% English-only · Spanish 9% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Taylor

• 2024 margin: Solid R (+49.8) · D 24.6% · R 74.4% · Other 1.0%
• 2008→2024 swing: -4.2pp toward R · 2008: -45.6pp · 2024: -49.8pp
• All cycles: 2024: R+49.8 2020: R+45.3 2016: R+51.1 2012: R+53.6 2008: R+45.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -46.04%
• Current HPI: 189.3098
• Rent YoY: ▲ 33.46%
• Metro: Abilene, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+56.0% since first listed

10 events — show timeline

• 2026-05-13 Pending — NTREIS
• 2026-05-05 Contingent — NTREIS
• 2026-05-03 Listed $319,900 NTREIS
• 2018-11-20 Sold (Public Records) — Public Records
• 2018-11-19 Sold (MLS) — NTREIS
• 2018-10-18 Pending — NTREIS
• 2018-10-07 Contingent — NTREIS
• 2018-09-15 Listed $205,000 NTREIS
• 2018-07-26 Sold (Public Records) — Public Records
• 2018-02-20 Sold (Public Records) — Public Records

Property tax history

+36.3%/yr

Latest (2025): $5,349 · +4.0% YoY. Source: county tax records.